Deep Freeze
As we move into the second half of 2020, the North I-680’s industrial market seems to have been put on ice. Overall vacancy rate remained at 4.6 percent, the same as the previous quarter. Rental rates also remained at $0.84 across the same period. During the quarter there was (874) square feet of negative net absorption. Two sales occurred during the quarter, which is on par with recent quarters.
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